# Invesco RAFI US 1000 ETF (PRF): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/prf for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Invesco · Asset class: Equity - Strategy: Passive Index · Inception: 2005-12-19 The Invesco RAFI US 1000 ETF, referred to as the Fund, is designed to emulate the performance of the RAFI Fundamental Select US 1000 Index. It typically allocates at least 90% of its total assets to the common stocks composing this Index. The Index itself is crafted to track prominent U.S. equities, chosen according to four fundamental indicators of company size: book value, cash flow, sales, and dividends. The one thousand equities demonstrating the highest fundamental strength receive weighting based on their respective fundamental scores. Both the Fund and its underlying Index undergo an... ## Key Facts | Metric | Value | |---|---| | Price | $56.05 | | Expense Ratio | 0.34% | | Assets Under Management | $10.14B | | NAV | $56.38 | | Holdings Count | 995 | | Distribution Yield (TTM) | 1.32% | | Annual Distribution (TTM) | $0.74 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $44.48 – $56.66 | | Beta | 0.89 | ## Latest Distribution - Amount: $0.1923 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does PRF invest in? The Invesco RAFI US 1000 ETF, referred to as the Fund, is designed to emulate the performance of the RAFI Fundamental Select US 1000 Index. It typically allocates at least 90% of its total assets to the common stocks composing this Index. The Index itself is crafted to track prominent U.S. equities, chosen according to four fundamental indicators of company size: book value, cash flow, sales, and dividends. The one thousand equities demonstrating the highest fundamental strength receive weighting based on their respective fundamental scores. Both the Fund and its underlying Index undergo an annual rebalancing process. Please note an upcoming transition: as of the close of business on March 21, 2025, the Fund's current underlying index, the FTSE RAFI US 1000 Index, will be superseded by the RAFI Fundamental Select US 1000 Index (the "New Underlying Index"). Simultaneously, the Fund's official designation will become "Invesco RAFI US 1000 ETF." As of August 31, 2025, the Fund achieved an overall 4-star rating from Morningstar Inc., positioning it among 1077 similar funds. It also secured 4-star ratings for its 3-year, 5-year, and 10-year performance periods, within comparison groups of 1077, 1018, and 826 funds, respectively. Morningstar's ratings are based on a risk-adjusted return methodology that emphasizes consistent performance and accounts for downside risk. For comparison, open-end mutual funds and exchange-traded funds are treated as a single category, and ratings are only issued for funds with a history of at least three years. The overall rating is a weighted average of the applicable three-, five-, and ten-year performance metrics, incorporating fees and expenses but excluding sales charges. This information, copyrighted by Morningstar Inc. (©2025), is proprietary and should not be reproduced or distributed; its accuracy, completeness, or timeliness is not guaranteed. Morningstar and its content providers disclaim liability for any losses resulting from the use of this data. Prior performance does not indicate future returns. Star ratings are distributed as follows: the top 10% receive five stars, the subsequent 22.5% four stars, the next 35% three stars, the following 22.5% two stars, and the bottom 10% one star. Ratings are updated monthly. It is important to note that if current or past fee waivers and/or expense reimbursements had not been applied, the Morningstar rating would have been lower. Ratings may also vary for different share classes due to differing performance characteristics. ### What is the expense ratio of PRF? Invesco RAFI US 1000 ETF (PRF) charges an expense ratio of 0.34%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PRF? Invesco RAFI US 1000 ETF (PRF) manages $10.14B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is PRF actively managed or an index fund? PRF is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (PRF's is 0.34%) because there's no security selection cost. ### When was PRF launched? Invesco RAFI US 1000 ETF (PRF) launched in December 2005 and is managed by Invesco. ### How has PRF performed? PRF's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does PRF pay a dividend? Invesco RAFI US 1000 ETF (PRF) currently distributes little or no income. Trailing-twelve-month yield is 1.32%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PRF pay dividends? Invesco RAFI US 1000 ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PRF's dividend yield? PRF's trailing-twelve-month yield is 1.32%, calculated from the sum of dividends over the past year divided by the current price. ### When is PRF's next ex-dividend date? The most recently announced ex-dividend date for PRF was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will PRF's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.34% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PRF charge its expense ratio? The expense ratio is deducted in tiny daily slices from PRF's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PRF cost more than a fund like VOO? PRF is a passive index fund (current expense ratio 0.34%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to PRF? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as PRF (0.34%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/prf - Distribution history: https://www.dividenddata.com/funds/prf/dividend - Holdings & diversification: https://www.dividenddata.com/funds/prf/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/prf/expenses - Peer comparison: https://www.dividenddata.com/funds/prf/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.